European Union-India trade flow shows upward trend
April 21st, 2011 - 8:20 pm ICT by IANSBrussels, April 21 (IANS) The 27-member European Union (EU) exported three billion euro worth of goods to India during January 2011, an increase of 42 percent from 2.1 billion euro in January 2010.
The EU imported goods worth 3.1 billion euro from India in January 2011, an increase of 23 percent from 2.5 billion euro in January 2010, EuAsia News reported quoting figures released by EUROSTAT, the EU’s statistical office.
EU trade with all its major partners grew in January 2011 compared with January 2010. The most notable increases were recorded for exports to Turkey (+53 percent), Russia (+49 percent), India (+42) and Norway (+41), and for imports from Norway (+39), Brazil (+38), Russia (+33) and China (+31).
The EU trade deficit for the same period increased with China (-15.7 billion euro compared with -12.3 billon euro), Russia (-9.4 billion compared with -7.6 billion), Norway (-4.3 billion compared with -3.1 billion) and Japan (-2.1 billion compared with -1.7 billion), but fell with South Korea (-0.8 billion compared with -1.3 billion).
- EU-India trade up 20 percent - Jan 20, 2012
- EU exports to India hit $28 bn - Sep 18, 2011
- EU-India trade up 26 percent in 2010 - Oct 17, 2010
- EU exports to India up 28 percent - Jul 16, 2010
- EU exports to India in 2011 worth $36.5 bn - Nov 15, 2011
- EU-India trade rises by 20 percent - Feb 09, 2012
- EU unemployment rate reaches 14-year high - Apr 02, 2012
- EU trade deficit with China declines - Feb 14, 2012
- Eurozone's retail sales up - Mar 06, 2012
- India is EU's 9th major trading partner - Dec 09, 2010
- China's foreign trade growth slows in November - Dec 11, 2011
- India's exports growth falls to 3.87 percent in November - Jan 02, 2012
- China surpasses US as EU's top trade partner - Oct 16, 2011
- China back to trade surplus (Lead) - Apr 10, 2012
- EU trade surplus with India was over $3 bn in 2008 - Nov 04, 2009
Tags: 1 billion, brazil, brussels, china, european union, eurostat, india trade, japan, major partners, norway, russia, south korea, statistical office, trade deficit, trade flow, turkey